_Economy and Finance

U.S. May Back Refinance Plan for Mortgages By SHAILA DEWAN and LOUISE STORY Published: August 24, 2011 The Obama administration is considering further actions to strengthen the housing market, but the bar is high: plans must help a broad swath of homeowners, stimulate the economy and cost next to nothing.

Home Sales Fall on Credit, Cancellations, Confidence Published: Thursday, 18 Aug 2011 | 10:51 AM ET By: Diana Olick CNBC Real Estate Reporter July's existing home sales, which represent contract closings, came in well below expectations of a two to three percent gain, falling 3.5 percent month to month.